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FL H0189

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Official Source

Status

Introduced

1/11/2023

Primary Sponsor

Tyler Sirois

Click for details

Origin

House of Representatives

2023 Regular Session

AI Summary

  • Urges Congress to take immediate action to reduce the national debt, which totaled $30.93 trillion at the end of federal fiscal year 2021-2022, an increase of $2.5 trillion from the prior year
  • Notes that as of October 2022, servicing the national debt cost the Federal Government $48 billion per month, representing 12% of total federal spending
  • Calls on Congress to enact legislation requiring a balanced federal budget, citing that 41 states, including Florida, already require their legislatures to pass balanced budgets
  • Urges the Federal Government to cut costs, reduce the tax burden on American families and businesses, and operate within its revenues according to principles of fiscal responsibility
  • Directs the Secretary of State to send copies of the memorial to the President, the President of the U.S. Senate, the Speaker of the U.S. House, and all members of Florida's congressional delegation

Legislative Description

Balancing the Federal Budget

Last Action

Laid on Table; companion bill(s) passed, see SM 176 (Adopted)

5/2/2023

Committee Referrals

Appropriations1/25/2023

Full Bill Text

No bill text available